Duke St spe­cial guid­ing at €2.6m

Irish Independent - Business Week - - COMMERCIAL PROPERTY - Ron­ald Quin­lan

A RARE op­por­tu­nity has come to the market to ac­quire a high-pro­file re­tail and com­mer­cial build­ing with full va­cant pos­ses­sion in the heart of Dublin city cen­tre’s most sought-af­ter shop­ping and busi­ness dis­trict.

Lo­cated at a piv­otal junc­tion with Duke Lane Up­per and within the busy pedes­trian zone formed by Duke Street, Le­mon Street, Royal Hiber­nian Way and South Anne Street, No 20 Duke Street is a three­storey, over-base­ment corner build­ing ex­tend­ing to 190 sq m (2,045 sq ft).

The prop­erty, which has “su­perb po­ten­tial” for ei­ther re­fur­bish­ment or re­de­vel­op­ment, will be of­fered for sale by public ten­der on Fri­day, De­cem­ber 1 next. Agent Quinn Agnew is guid­ing in ex­cess of €2.6m.

Manus Agnew of Quinn Agnew said: “This is in­deed a rare op­por­tu­nity to se­cure a tro­phy prop­erty with po­ten­tial to en­hance what is al­ready a prime corner pitch suit­able for a wide va­ri­ety of uses.”

No 20 Duke Street is ad­ja­cent to both the Ne­spresso out­let and the Duke Street en­trance of Marks & Spencer’s flag­ship Grafton Street store.

A num­ber of pop­u­lar bars such as Davy Byrne’s, The Bai­ley, and Le­mon & Duke also add to the vi­brancy of the im­me­di­ate catch­ment area.

The prop­erty also sits within a 50 me­tre walk of Grafton Street.

The com­mence­ment of Luas cross city ser­vices next month is set to in­crease vis­i­tor num­bers to the area sig­nif­i­cantly.

Num­ber 20 Duke Street is lo­cated close to the Luas Daw­son Street stop.

No 20 Duke St has po­ten­tial for re­fur­bish­ment or re­de­vel­op­ment

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